Methanex (MEOH) Misses Q1 EPS by 2c

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Go back to Methanex (MEOH) Misses Q1 EPS by 2c

Methanex Reports Strong First Quarter 2021 Results

April 28, 2021 5:00 PM EDT

Except where otherwise noted, all currency amounts are stated in United States dollars.

Net income attributable to Methanex shareholders rose to $105 million, supported by higher methanol pricesAdjusted EBITDA rose to $242 million, the highest quarterly result since the third quarter of 2018.Completed a planned turnaround at the Geismar 2 plant and we expect to complete the Geismar 2 debottlenecking project by mid-2021.Strong liquidity position and financial flexibility with... More